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Minimum Monthly Pension: After the approval of UPS, the demand for a pension of Rs 7500 by the organization of employees retiring from the private sector has gained momentum. In this regard, they met Finance Minister Nirmala Sitharaman.
Nirmala Sitharaman said on minimum pension: The central government has recently approved the Unified Pension Scheme (UPS), taking a step forward on the demand for restoration of pension of government employees. Along with this, the demand to increase the minimum pension of employees retiring from the private sector to Rs 7500 has gained momentum. The organization of pensioners of private employees has been demanding an increase in pension for a long time. In connection with this demand, the representatives of the organization have met Finance Minister Nirmala Sitharaman.
The government is sensitive to the needs of the elderly
During the meeting with the Finance Minister, a demand was made to increase the minimum pension to Rs 7,500 per month. According to the committee, Sitharaman assured that the government is sensitive to their needs and will try to find a way to meet their demand. The EPS-95 National Struggle Committee (NAC) comprises about 78 lakh retired pensioners and 7.5 crore working employees of the industrial sector. The committee said in a statement, the Finance Minister has assured the delegation that the government is sensitive to the needs of the elderly and is seriously considering the proposal put forward by the EPFO.
As per pension
The Finance Minister reiterated his assurance before the committee that the government is committed to ensuring financial security for pensioners and a solution will be found. Union Labour and Employment Minister Mansukh Mandaviya met EPS-95 NAC representatives this month and assured them that the government will take necessary steps to meet their demand. EPS-95 NAC members are currently protesting demanding a monthly pension of Rs 7,500 instead of the average monthly pension of only Rs 1,450.
36 lakh pensioners are getting pension of less than Rs 1000
The committee also demands that medical facilities should be provided to EPS members and their spouses. EPS-95 NAC chairman Ashok Raut said that pensioners have been demanding an increase in the minimum pension for the last eight years, but the government has not paid heed to their demands. The organization had also recently reported that 36 lakh pensioners are getting a pension of less than Rs 1,000 every month. Raut says that despite contributing to the regular pension fund for a long period, pensioners get very little pension.